Blank Check IPOs (SPACS) Message Board

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Technology Stocks : Blank Check IPOs (SPACS)

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To: Glenn Petersen who wrote (1743)	4/21/2008 12:29:09 PM
From: jrhana	Read Replies (2) of 3862

These guys should make money as long as there are no hurricanes in Florida. biz.yahoo.com <Transaction valuation yields an attractive trailing P/E multiple(1) of 3.9x basic and 4.3x fully diluted; believed to be the lowest P/E multiple for any Special Purpose Acquisition Company (SPAC) to date> Actually based on the fourth quarter, ESA has a fully diluted P/E of 2.79 Message 24422730 Earnings and revenues in ESA will be growing rapidly and are not dependent on Florida remaining hurricane free.

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